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REGISTERED NUMBER: 08288046 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2022

for

IDEAL 4U BUSINESS SOLUTIONS LIMITED

IDEAL 4U BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08288046)

Contents of the Financial Statements
for the Year Ended 30 November 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IDEAL 4U BUSINESS SOLUTIONS LIMITED

Company Information
for the Year Ended 30 November 2022







DIRECTOR: Mrs S A Whittaker





REGISTERED OFFICE: The Hive
27-31 Sankey Street
Warrington
Cheshire
WA1 1XG





REGISTERED NUMBER: 08288046 (England and Wales)





ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF

IDEAL 4U BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08288046)

Balance Sheet
30 November 2022

30.11.22 30.11.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,000 17,500
Tangible assets 5 1,275 2,061
16,275 19,561

CURRENT ASSETS
Stocks 25,120 35,120
Debtors 6 126,772 172,363
Cash at bank 166 2,238
152,058 209,721
CREDITORS
Amounts falling due within one year 7 239,830 193,356
NET CURRENT (LIABILITIES)/ASSETS (87,772 ) 16,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

(71,497

)

35,926

CREDITORS
Amounts falling due after more than one
year

8

32,500

40,000
NET LIABILITIES (103,997 ) (4,074 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (104,097 ) (4,174 )
SHAREHOLDERS' FUNDS (103,997 ) (4,074 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

IDEAL 4U BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08288046)

Balance Sheet - continued
30 November 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2024 and were signed by:





Mrs S A Whittaker - Director


IDEAL 4U BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08288046)

Notes to the Financial Statements
for the Year Ended 30 November 2022


1. STATUTORY INFORMATION

Ideal 4u Business Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are initially recorded at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 4 ) .

IDEAL 4U BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08288046)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2021
and 30 November 2022 25,000
AMORTISATION
At 1 December 2021 7,500
Charge for year 2,500
At 30 November 2022 10,000
NET BOOK VALUE
At 30 November 2022 15,000
At 30 November 2021 17,500

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2021
and 30 November 2022 270 3,631 3,901
DEPRECIATION
At 1 December 2021 104 1,736 1,840
Charge for year 25 761 786
At 30 November 2022 129 2,497 2,626
NET BOOK VALUE
At 30 November 2022 141 1,134 1,275
At 30 November 2021 166 1,895 2,061

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Trade debtors 4,058 3,353
Other debtors 122,714 169,010
126,772 172,363

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 44,191 38,206
Taxation and social security 155,661 95,792
Other creditors 29,978 49,358
239,830 193,356

IDEAL 4U BUSINESS SOLUTIONS LIMITED (REGISTERED NUMBER: 08288046)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.22 30.11.21
£    £   
Bank loans 32,500 40,000

9. RELATED PARTY DISCLOSURES

As at the year end date loans totalling £42,527 were due from shareholders. Interest has been charged on the loan during the year at the market rate.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S A Whittaker.

11. BASIS OF PREPARATION

At the balance sheet date the company had net liabilities of £103,997 and a reported loss for the year of £99,923. After reviewing the company's confirmed business levels for the next 3 years, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.